The markets surged to close sharply higher with the Dow rocketing 254
points to 11,539 as Hurricane Irene caused less damage than expected. Nasdaq jumped 82
points to
2562.
Investor Mark Kaufman acquired a 9.6% stake in Central European Distribution (Nasdaq: CEDC).
Miller Energy Resources (NYSE: MILL) announced an investor conference call tomorrow, August 30, 2011, at 4:30pm Eastern Time.
MGIC Investment (Nasdaq: MTG) chief financial officer Jon Michael Lauer acquired 20,000 shares of company stock.
Shares of Winn-Dixie Stores (Nasdaq: WINN) rose ahead of its earnings release.
Motley Fool selected Global Industries (Nasdaq: GLBL) as its top small cap energy stock pick.
Cisco Systems (Nasdaq: CSCO) purchased software firm Versly for an undisclosed sum.
In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 1 on the NYSE and by nearly 7 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks leaped 32 points to 724.
